Question
What is the value today of $3,800 per year, at a discount rate of 10%, if the first payment is received 6 years from today
What is the value today of $3,800 per year, at a discount rate of 10%, if the first payment is received 6 years from today and the last payment is received 20 years from today? (Using financial calculator along with explanation)
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Financial Terms Dictionary Investment Terminology Explained
Authors: Thomas Herold, Wesley Crowder
1st Edition
1521725764, 978-1521725764
